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Disney explores strategic options for its business in India: Report
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Premier League cricket matches. Disney also shed 300,000 customers in the United States and Canada, where it raised prices last December.
The entertainment giant plans to expand its streaming offerings by year's end with a new app that combines the family-friendly Disney and the Hulu general entertainment service, Chief Executive Bob Iger said. Iger, who came out of retirement in November to tackle the company's challenges, announced a revamp in February that included a promise of eliminating $5.5 billion in costs, partly through 7,000 job cuts.
Disney's shares closed up 1.6% on Tuesday.
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